Short Interest in WisdomTree India Hedged Equity Fund (NASDAQ:INDH) Increases By 33.3%

WisdomTree India Hedged Equity Fund (NASDAQ:INDH) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 2,400 shares, a growth of 33.3% from the February 13th total of 1,800 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average daily trading volume, of 1,400 shares, the short-interest ratio is presently 1.7 days.

WisdomTree India Hedged Equity Fund Stock Performance

Shares of NASDAQ:INDH traded up $0.16 during trading on Monday, hitting $39.94. The company’s stock had a trading volume of 617 shares, compared to its average volume of 1,426. WisdomTree India Hedged Equity Fund has a fifty-two week low of $38.73 and a fifty-two week high of $45.82. The business has a 50 day moving average price of $40.48 and a two-hundred day moving average price of $42.30. The company has a market capitalization of $11.18 million and a PE ratio of 23.17.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC raised its holdings in WisdomTree India Hedged Equity Fund by 73.2% in the fourth quarter. Jane Street Group LLC now owns 29,983 shares of the company’s stock valued at $1,253,000 after acquiring an additional 12,668 shares in the last quarter. OLD Mission Capital LLC raised its holdings in shares of WisdomTree India Hedged Equity Fund by 99.4% in the 4th quarter. OLD Mission Capital LLC now owns 48,831 shares of the company’s stock valued at $2,040,000 after purchasing an additional 24,343 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of WisdomTree India Hedged Equity Fund during the 4th quarter worth $475,000. Finally, Bank of Montreal Can grew its stake in shares of WisdomTree India Hedged Equity Fund by 0.7% during the third quarter. Bank of Montreal Can now owns 926,797 shares of the company’s stock worth $42,179,000 after purchasing an additional 6,238 shares in the last quarter.

WisdomTree India Hedged Equity Fund Company Profile

The WisdomTree India Hedged Equity Fund (INDH) is an exchange-traded fund that is based on the WisdomTree India Hedged Equity index. The fund tracks a market-cap weighted index comprised of the 75 largest companies in India. The fund employs currency hedging strategies to protect against fluctuations between the Indian Rupee and the US Dollar INDH was launched on May 9, 2024 and is issued by WisdomTree.